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Stuart Pinnetti

Licensed Real Estate Salesperson

  • Office 914-401-9700
  • Cell 914-406-6753
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821 E 228th Street, BRONX, NY – $1,200,000

  • $1.2M Price
  • 4,200 Sqft
  • .07 Acres
  • 125 DOM
  • $1.2M Price
  • 4,200 Sqft
  • .07 Acres
  • 125 DOM

821 E 228th Street

**9.6% Cap Rate with upside potential for 12.8% return. Buyer is eager to sell! This is a very large 3 unit building with a spacious backyard and parking spots available. Each apartment encompasses *one entire floor*. Construction is relatively new, having also been recently renovated. Property is very well maintained in great condition. Located within a couple hundred feet from subway line 2, as well as main bus lines providing excellent transportation convenience. There is a new multifamily development currently in construction in the lot adjacent to this property on the left hand side, effectively enhancing the value of this block. Rent Roll and T12 Pro Forma are all available upon request.

Essential Information

  • MLS® #H5121299
  • Price$1,200,000
  • Bathrooms0.00
  • Square Footage4,200
  • Acres0.07
  • Year Built2006
  • TypeResidential Income
  • Sub-TypeMulti Family
  • StyleTownhouse
  • StatusPending

Community Information

  • Address821 E 228th Street
  • CityBRONX
  • CountyBronx
  • StateNY
  • Zip Code10466

Amenities

  • ParkingDriveway
  • GaragesDriveway

Interior

  • HeatingNatural Gas, Forced Air
  • CoolingWindow Unit(s)

Exterior

  • ExteriorStone
  • ConstructionStone

School Information

  • DistrictBronx 10

Additional Information

  • Date ListedNovember 21st, 2019
  • Days on Market125
  • HOA Fees0.00

Listing Details

  • Listing Courtesy ofMont Sky Real Estate Hudson
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Listing Courtesy of Mont Sky Real Estate Hudson.

The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Giner Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

Information deemed reliable but not guaranteed.

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Listing information last updated on May 25th, 2020 at 4:45am EDT.